Nordisk Bergteknik Q2 sales, cash flow up; expects uptick in market activity

Nordisk Bergteknik AB (publ)

17/07/2026 06:53

Overview
Sweden rock handling firm's Q2 net sales rose 13% yr/yr, organic growth reached 12%
Adjusted EBIT for Q2 rose to SEK 44 mln, margin improved to 4.5%
Q2 EPS fell to SEK 0.19 from SEK 0.33 a year earlier

Outlook
Company sees gradually increasing market activity across all segments
Company expects more normalized pricing levels if positive market trend continues
Company anticipates greater selectivity in assignments and more favorable project mix if market improves

Result Drivers
INCREASED MARKET ACTIVITY - Co said gradually increasing market activity across all segments drove organic growth, with a particularly strong end to the quarter, per CEO Andreas Christoffersson

Company press release: ID:nWkr3Qnc68

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
SEK 985 mln
 
Q2 Adjusted EPS
 
SEK 0.19
 
Q2 Adjusted EBIT
 
SEK 44 mln
 
Q2 Cash flow from operating activities
 
SEK 128 mln
 
Q2 Organic Growth
 
12.00%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy."
Wall Street's median 12-month price target for Nordisk Bergteknik AB (publ) is SEK12.50, about 14.2% above its July 16 closing price of SEK10.95
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)